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Mazama Energy raises $135M in Series B to advance super-hot-rock geothermal technology for powering AI data centers and large grid loads.
Amount Raised
$135 Million
Round Type
Series B
Investors
Description
Mazama Energy, backed by Khosla Ventures, closed an oversubscribed Series B funding round of $135 million. The capital will support development of horizontal wells in super-hot rocks capable of generating 15 megawatts per well. The company plans to begin generating electricity in 2026 from its Oregon site, which has been revised to have potential for 10 gigawatts of capacity. Enhanced geothermal technology is emerging as a promising solution for powering AI data centers with clean energy.
Fundz sees it the moment Mazama Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansMazama Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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